KD Logo

Equinox Gold Corp (EQX) Becoming More Attractive for Investors

While this happened, TD Cowen initiated its Equinox Gold Corp [EQX] rating to a Hold in a research note published on February 04, 2025; the price target was $35. A number of analysts have revised their coverage, including Desjardins’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. RBC Capital Mkts revised its rating on September 12, 2023. It rated EQX as “a Sector perform” which previously was an “an Underperform”.

Price Performance Review of EQX

On Monday, Equinox Gold Corp [AMEX:EQX] saw its stock jump 3.99% to $6.52. Over the last five days, the stock has lost -2.25%. Equinox Gold Corp shares have risen nearly 29.88% since the year began. Nevertheless, the stocks have risen 20.30% over the past one year. While a 52-week high of $7.45 was reached on 04/21/25, a 52-week low of $4.48 was recorded on 01/06/25. SMA at 50 days reached $6.65, while 200 days put it at $5.96.

Levels Of Support And Resistance For EQX Stock

The 24-hour chart illustrates a support level at 6.37, which if violated will result in even more drops to 6.23. On the upside, there is a resistance level at 6.61. A further resistance level may holdings at 6.71. The Relative Strength Index (RSI) on the 14-day chart is 47.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.66%. Stochastics %K at 12.31% indicates the stock is a buying.

Most Popular